What is the most alarming trend facing the economy today?
When will the Fed step in to strengthen the U.S. dollar? The Fed can’t step in as long as it keeps helping the banks. As long as banks are at risk, the Fed needs to keep lending them money. Once we know that we can put our money in the bank without the fear that it’ll go bankrupt, that s when the banks will get stronger. Had the government protected Lehman in the beginning, we would’ve avoided a lot of problems. What direction will your country s stock market move, and what kind of returns do you predict? Israel’s stock market is like a speedboat. It can change direction a little easier than an airplane carrier. I would say the Israeli economy will go in the direction of the U.S. economy. Gold: buy, hold or sell? Sell. We’ve gone through a huge crisis and gold has gone sky-high. At the end of the day, gold is a refuge–it’s not a positive currency. It’s a place you go when you’re scared. I don’t see gold as a player in a healthy economy. If you just bought it, I would say hold. But if
